Great Britain increased purchases of Norwegian cod after restricting imports of Russian fish

Frozen Cod
Published Dec 14, 2023

Tridge summary

Norway's frozen cod exports to the UK reached a 15-year record, with nearly 30% of their value coming from shipments to the UK. The Norwegian Seafood Council reported a 43% increase in frozen whole cod exports to the UK in November 2023. Additionally, Norwegian seafood exports have been growing, with an 18% increase in value in the first 6 months of 2023 compared to the previous year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Almost 30% of the value of Norway's frozen cod exports this year came from shipments to the UK. This figure has become a record for the last 15 years. Earlier in the summer of 2022, the UK introduced increased duties on the import of whitefish from Russia. Exports of frozen whole cod from Norway to the UK rose 43% to 990 tonnes in November, while imports of frozen fillets fell 26% to 184 tonnes. This data is provided by the Norwegian Seafood Council. Norwegian seafood exports have been growing since the beginning of 2023: in the first 6 months they increased in value by 18% year on year. External supplies of frozen Norwegian cod in November in monetary terms showed an increase of 13% compared to November 2022. Volumes over the same period increased by 28% (to 5,150 tons). The main markets for salmon from Norway in June 2023 were Denmark, Poland and France, trout - the USA, Japan and Lithuania, and the largest buyers of frozen cod - China, Vietnam and the UK. On January 31 - ...
Source: Agronovosti
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